Keegan Cin | Realtor® | License # DRE 01971604

Property

El Monte, CA 91733 11102 Bonwood Road

11102 Bonwood Road El Monte, CA - Image 111102 Bonwood Road El Monte, CA - Image 211102 Bonwood Road El Monte, CA - Image 3
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11102 Bonwood Road El Monte, CA - Image 411102 Bonwood Road El Monte, CA - Image 511102 Bonwood Road El Monte, CA - Image 611102 Bonwood Road El Monte, CA - Image 7
Presented By: Nicholas Hayner with Maywood Property Group;
  • MLS# 25509123
  • 03/10/2025
  • Request Tour
  • Request Info
  • Beds • 10
  • Baths • 10
  • SQFT • 5,188
  • Year Built • 1959

Home Details

Maywood Property Group is pleased to offer this rare investment opportunity: a 10-unit apartment building in the rapidly growing city of El Monte. Built in 1959, this well-maintained property features (9) one- bedroom, one-bathroom units and (1) charming studio unit. With the potential to add two to four ADUs, pending city approval, this asset presents a unique value-add opportunity. The property is situated at the end of a private cul-de-sac, directly adjacent to Cogswell Elementary School, making it highly attractive to long-term tenants. 11102 Bonwood Road has maintained a historically low vacancy rate due to strong rental demand, and it is currently being offered at an attractive near 6% cap rate on existing rents.The property has already seen significant improvements, with (7) out of (10) units remodeled, yet still offers additional upside potential. Investors can increase revenue by updating the remaining (3) units, adding an on- site washer and dryer for supplementary laundry income (as the laundry room is already built), and monetizing garage parking spaces, either by leasing them to tenants or converting them into additional ADUs. With its strong current cash flow and multiple avenues for increased returns, this property is a compelling opportunity for savvy investors looking to capitalize on the continued growth and demand in El Monte.**CONTACT LISTING BROKER FOR OM OR INQUIRIES NICK HAYNER 310.994.9158 | NICK@MAYWOODPROPERTYGROUP.COM** Upgraded Electrical | New Gutter System | 7 Units Remodeled Attractive 5.97% CAP | 7.9% Market CAPUpside Captured By Renovating Remaining 3 Units , RUBS Program, Adding 2-4 ADUs, Installing Paid Laundry In Existing Laundry Room
Presented By: Nicholas Hayner with Maywood Property Group;

Interior Features for 11102 Bonwood Road

Bedrooms

Total Bedrooms10

Bathrooms

Half Baths0
Total Baths10
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Interior AmenitiesCeilingFans
Total Stories

General for 11102 Bonwood Road

Additional Parcels Y/NNo
AppliancesDisposal
Attached Garage No
Cap Rate6.38
Carport Y/NNo
CityEl Monte
Community FeaturesGated
CountyLos Angeles
DirectionsLocated at the end of the cul-de-sac adjacent to Cogswell Elementary School
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income219276.0
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6077.0
Lot Size UnitsSquareFeet
MLS Area619 - El Monte
MobileHomeRemainsYNNo
Net Operating Income148704.0
New ConstructionNo
Number Of Units Total10
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesGatedCommunity
Senior Community Y/NNo
Special Listing ConditionsRealEstateOwned
Standard StatusActive
StatusActive
Stories2
Year Built1959
ZoningEMR3*

Exterior for 11102 Bonwood Road

Building Area Total5188.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1395
Lot Size Area6077.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAssigned, Covered, Driveway
Private PoolNo
SpaNo
Total Parking0.0
WaterfrontY/NNo

Additional Details

Price History

Justin Hughey

Price $2,490,000
MLS#25509123
List Date 03/10/2025
Property Type Multi-Family
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